New Lancaster Fine Leather Credit Card Holder w/ 10 Genuine Super Clean Diamonds
Price: $129.00
This is the Brand New World Famous Lancaster Fine Leather Credit Card Holder with 10 Genuine Super Clean Diamonds. It has a Retail of $625.00.
Item: Credit Card Holder
Condition: Brand New
Made in Italy
Material: Leather
Color: Red
Total diamond carat weight: 0.12ctw
Gemstone: Diamond
The Most Brilliant of the gemstones.
Shape: Round
Color: I - J Top Crystal.
Slightly Tinted White
Clarity: SI1 - SI2
Eye Clean
Founded in 1992, LANCASTER is a multinational company with a worldwide
reputation for design leadership. In 2004 the company reached an
international fame as a trend-setter in world of fashion and added new
collections of leather to its product range. LANCASTER leather goods
includes today a wide range of items: from credit card holders to
wallets for men and women, from passport holders to key-rings, from
purses to business bags. All of them are made of genuine calf leather
and are available in different colors: white, pea-green, red, canary
yellow, navy blue and black. Many models are also available in the
luxury version which has the steel LANCASTER logo embellished with
genuine diamonds.
The traditional hard asset classes
are gold, silver and other precious metals. Diamonds too are a hard asset
class, but one which has only partially been realized. Diamonds exhibit a
number of similarities to gold as an asset class. The primary use for both gold
and diamonds is for jewelry.
Due to the current global economy being in the midst of a deep recession
investing in hard assets offers a measure of support for investment portfolios.
A weak US dollar produces a strong gold price which has been proven over the
years. This has not yet been realized for diamonds.
However, many experts
state that diamonds have a continued demand and many of the fundamental
benefits gold offers as an investment can be applied to diamonds. Diamonds are
the most concentrated store of value that exists. They are tangible, portable
and liquid investments. Investors can use diamonds without decreasing their
value.
While the diamonds on this credit card holder are small,
they are eye clean and how many wallets can actually be an
investment. The fine Italian leather is worth more than the starting bid. I
would not sell at this price, but I need to move product to make room in the climate
controlled safe deposit box I rent and I need the money for the holidays.